May 14th, 2009 by Questions
who can prepare my settlement offer and attorney or banktrustee, I`m willing to offer my unsecured creditors a lump sum settlement between 5-15%
Posted from: Ontario
May 14, 2009 at 8:40 am, Barton Goth - Goth & Company Inc. -Trustee in Bankruptcy said:
A consumer proposal or settlement offer as you call it can only be done through a licensed trustee.
Now I can’t say whether or not 5 – 15% will be sufficient as what can be offered legally must be better than a bankruptcy would result, but you are best to discuss that with the local trustee you contact.
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